(FBL)
NASDAQ: FBL
· Real-Time Price · USD
44.09
0.26 (0.59%)
At close: Sep 03, 2025, 3:59 PM
45.38
2.93%
Pre-market: Sep 04, 2025, 08:43 AM EDT
FBL Delta Exposure By Expiry
The total Delta Exposure (DEX) for FBL across all expirations shows 56,231.24 net shares that market makers must hedge, with 76,468.48 from calls and 20,237.24 from puts. The put-call delta ratio of 0.26 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Sep 19, 25 with 26,321.78 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
FBL DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 37,517.46 | -11,195.68 | 26,321.78 | 0.30 |
| Oct 17, 25 | 1,992.6 | -1,114.82 | 877.78 | 0.56 |
| Dec 19, 25 | 28,058.41 | -5,376.34 | 22,682.07 | 0.19 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 8,900.01 | -2,550.4 | 6,349.61 | 0.29 |